TMI BlogValuation of assets or business intended to be sold.X X X X Extracts X X X X X X X X Extracts X X X X ..... Insolvency Resolution Process for Corporate Persons) Regulations, 2016 or regulation 34 of the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017 , as the case may be, the liquidator shall consider the average of the estimates of the values arrived under those provisions for the purposes of valuations under these regulati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rector of the insolvency professional entity of which the liquidator is a partner or director. (3) The Registered Valuers appointed under sub-regulation (2) shall independently submit to the liquidator the estimates of realisable value of the assets or businesses, as the case may be, computed in accordance with the Companies (Registered Valuers and Valuation) Rules, 2017, after physical verific ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cent in the valuation of an asset class under sub-regulation (2) from valuation under regulation 35 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, the liquidator shall facilitate a meeting wherein the registered valuers shall explain the reasons for the difference to the consultation committee. ] ********** No ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... idered the value of the assets. 2. Substituted vide NOTIFICATION No. IBBI/2019-20/GN/REG047 dated 25-07-2019 before it was read as In cases not covered under sub-regulation (1), the liquidator shall within seven days 3. Substituted vide Notification No. IBBI/2023-24/GN/REG112 dated 12-02-2024 before it was read as, where the liquidator is of the opinion 4. Inserted vide Notifi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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